Phison Electronics Corp. K.S. Pua

Transcription

1 Phison Electronics Corp. K.S. Pua 03/30/2015 Taipei Exchange D-U-N-S :

2 2014 Financial Results PHISON s presentation contains forward-looking statements subject to significant risks and uncertainties. Actual results may differ materially from those contained in the forward-looking statements. Information as to those factors that could cause actual results to vary can be found in PHISON s annual reports and other documents filed from time-to-time with the TWSE. Except as required by law, we undertake no obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise. D-U-N-S :

3 Statements of comprehensive income (Amounts are on consolidated basis and are in NT$ millions unless otherwise noted) Q14 3Q EPS (NT$ per common share) Net Revenue 33,075 8,768 8,518 32,171 Gross Profit 5,590 1,305 1,616 5,720 Gross Margin 17% 15% 19% 18% Operating income 3, ,414 Non-Operating Items Income Before Tax 3, ,758 Net Income 3, ,171 Net Profit Margin 10% 9% 10% 10%

4 Revenue Analysis (2014) Others and Services 21% Controllers 16% Industrial Modules 11% Consumer Modules 52% 3000 Controllers 2,000 Industrial Modules 6000 Consumer Modules NTD/Millions NTD/Millions NTD/Millions 0 1Q 2Q 3Q 4Q - 1Q 2Q 3Q 4Q 0 1Q 2Q 3Q 4Q

5 Revenue Analysis ( ) 02) Others and Services 16% Controllers 17% Industrial Modules 13% Consumer Modules 54%

6 Controller Shipments EA/millions 0 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 * The shipments included the number of controller chips sold directly and used in sold Modules.

7 Balance Sheet Items (Amounts are on consolidated basis and are in NT$ millions unless otherwise noted) Q Cash & Marketable Securities 9,853 9,491 9,519 Accounts Receivable 4,280 3,881 3,855 Inventories 5,409 4,629 4,023 Investments 1, P&PEs 1,634 1,613 1,590 Total Assets 22,809 21,146 19,881 Short-term Loans Total Liabilities 6,291 5,397 5,859 Total Equity 16,518 15,749 14,022 Key Financial Ratio Q Days of Receivable Days of Inventory Current Ratio (x) ROE(%) ROA (%)

8 Patent Portfolio Country Pending Granted Taiwan China USA Others 2 29 Total ,490,163 6,724,680 6,792,501 6,876,579 6,880,024 6,916,208 7,187,583 7,206,893 7,222,211 7,225,291 7,243,186 7,259,988 7,263,649 7,276,889 7,319,360 7,376,781 7,649,794 7,822,912 7,840,745 7,949,929 8,037,233 8,055,837 8,103,820.. * Updated Mar 2015 LBA to PBA mapping to improve Random Write Performance and maximize Device Life Time Solve the problem of accumulated error introduced by Copy Back operation Smart card technology embedded Mobile Security Data Integrity of MLC large block NAND. Improve performance of partial page programming Flash management for emmc Products to support new NAND Flash architecture and to improve performance

9 2013 Patent Applications Ranking in China Phison is ranked 8 th in storage IC Patent Owner Country Rank Publication # of Patent Applications # of Granted Patents SK Hynix Korea Huawei China BOE China Samsung Korea IBM USA Shanghai Huahong Grace China Semiconductor Intel USA Phison Taiwan Micron USA Institute of Microelectronics of Chinese Academy of Sciences China * Source: China IC Industry Intellectual Property Annual Report (2013)

10 Key Products Roadmap

11 Product & Application Overview USB Flash Drive microsd & SD emmc AES USB SSD Modules & Solutions A diversified product mix for consumer, industrial and enterprise storage

12 USB Flash Drive

13 USB Flash Drive Controller Controller ES MP Timeline Q2 15 Q3 15 Q4 15 Q1 16 PS (USB 2.0, 1 CH) PS (USB 3.0, 4 or 8 CH) Up to 1TB High Density, MLC Max R/W 230/170 PS (USB 3.0, 2 CH) MLC Max R/W 190/140MB/s, TLC Max R/W 140/35MB/s PS (USB 3.0, 1 CH, LDPC) For 20nm TLC, 15nm TLC PS (USB 3.0, 1 CH) MLC Max R/W 250/80MB/s, TLC Max R/W 200/25MB/s PS (USB 3.0, 2 CH, High Speed) MLC Max R/W 400/300MB/s, TLC Max R/W 320/70MB/s PS (USB 3.0, WTG 2.0) 2-CH emmc Reader (HS-200), Max R/W 280/85MB/s

14 Secure USB Controller Controller ES MP Timeline Q2 15 Q3 15 Q4 15 Q1 16 PS (AES) On-the-Fly AES256/SHA256/RSA2048/RNG 2-Channel emmc Reader (HS-200) PS (FIPS) On-the-Fly FIPS Level 3 AES256/SHA256/RSA2048/RNG 2-Channel emmc Reader (HS-200) PS (FIPS & Smart Card) On-the-Fly ISO-7816 Smart Card I/F FIPS Level 3 AES256/SHA256/RSA2048/RNG 2-Channel emmc Reader (HS-200)

15 SD Card, emmc & UFS

16 SD/microSD Card Controller Controller ES MP Timeline Q2 15 Q3 15 Q4 15 Q1 16 PS8035 (SD 3.0, UHS-I, 1 CH) Standard Performance, Class 10 MLC/TLC PS8210 (SD 3.0, UHS-I, 2 CH) High Performance MLC Max R/W 95/90MB/s, TLC Max R/W 80/30MB/s PS8039 (SD 3.0, UHS-I, 1 CH) MLC Max R/W 90/45MB/s, TLC Max R/W 80/20MB/s PS8036 (SD 4.0, UHS-II, 1 CH) Ultra High Performance, FD156/HD312 pslc Max R/W 285/250MB/s

17 emmc& UFS Controller Controller ES MP Timeline Q2 15 Q3 15 Q4 15 Q1 16 PS8211 (emmc 4.5, 1 CH, HS-200) A19nm MLC/TLC, Low Density emcp PS8222 (emmc 5.0, 2 CH, HS-400) MLC Max R/W 280/72MB/s PS8223 (emmc 5.1, 2 CH, HS-400, LDPC) 40nm, 16nm & 3D MLC/TLC PS8225 (emmc 5.1, 1 CH, HS-400) MLC Max R/W 320/80MB/s, 4K IOPS R/W 8000/ nm MLC, 15nm MLC/TLC PS8226 (emmc 5.1, 1 CH, HS-400, SECC) 40nm, Cost-Down of PS8223, 3D MLC/TLC PS8227 (emmc 5.1, 1 CH, HS-400) 40nm, Cost-Down for emcp, 16nm MLC, 15nm MLC/TLC PS8311 (UFS 2.1, 2 CH, G3 2-LN, SECC) 40nm, 1200MB/s I/F, UniPro 1.6x, M-PHY 3.x, 3D MLC/TLC

18 Solid-State Disk (SSD)

19 IDE/PATA/CF Controller Controller ES MP Timeline Q2 15 Q3 15 Q4 15 Q1 16 PS3016-P9 (CF 6.0, UDMA 7) 48-Bit Addressing, 800X CF MLC Max R/W 100/80MB/s pslc Max R/W 120/120MB/s

20 SATA SSD Controller Controller ES MP Timeline Q2 15 Q3 15 Q4 15 Q1 16 PS3108 (SATA 3, Up to 8 CH) For Main Storage, AES Support MLC Max R/W 520/480MB/s PS3109 (SATA 3, Up to 4 CH) For Cache SSD and Module MLC Max R/W 500/200MB/s PS3110 (SATA 3, Up to 8 CH) For Enterprise and Datacenter, AES Support End to End Data Path Protection, SmartECC TM MLC Max R/W 550/530MB/s. 4K IOPS R/W 100K/90K TLC Max R/W 550/520MB/s, 4K IOPS R/W 90K/80K PS3111 (SATA 3, Up to 2 CH, LDPC) 40nm, For Cache SSD and Module End to End Data Path Protection, SmartECC TM MLC Max R/W 520/450MB/s, 4K IOPS R/W 75K/75K

21 PCIe SSD Controller Controller ES MP Timeline Q2 15 Q3 15 Q4 15 Q1 16 PS5007 (Gen 3x4, Up to 8 CH) 28nm, 32-Bit Multi-Core CPU, AES Support End to End Data Path Protection, SmartECC TM MLC Max R/W 2600/1400MB/s 4K IOPS R/W 300K/200K PS5008 (Gen 3x2, Up to 4 CH, SECC) 40nm, 32-Bit Multi-Core CPU, AES Support End to End Data Path Protection, SmartECC TM MLC Max R/W 1600/1200MB/s 4K IOPS R/W 200K/180K

22 Why Phison?

23 NAND Flash Market Outlook SSD Embedded Security Laptop Ultrabook Tablet Industrial PC Set-Top Box Automotive Server Phone & Tablet E-Book GPS Networking Camera/Camcorder Automotive Digital TV Telecommunication Online Transaction Medical Military Entertainment Transportation Cloud Computing NAND Flash market flourishing from an expanding number of applications

24 Leading NAND Flash Solution Provider NAND Flash memory: The fastest-growing semiconductor market in history Phison is no regular controller maker - Vertical integration offering one-stop service - Production know-how strengthens controller design quality - Better understanding of market trends Much more than a memory module company - Create fascinating applications with controller technology - Direct technical collaboration with NAND providers - Strong R&D support to penetrate customized markets Enable NAND Flash with Phison technology and deliver the best storage solution

25 Thank You PHISON is a trademark of PHISON Electronics Corporation, registered in the United States and other countries. SD Logo, minisd Logo, microsd Logo, SDHC Logo, minisdhc Logo, microsdhc Logo are trademarks of SD-3C, LLC. CompactFlash and CF logo are trademarks of the CompactFlash Association. Windows 8 and the Windows logo are trademarks of the Microsoft group of companies. General Notice: Other trademarks and product names used herein are for identification purposes only and are the property of their respective owners. PHISON disclaims any and all rights in those marks PHISON Electronics Corporation. All rights reserved. D-U-N-S :